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Apr 28, 2010 9:00am EDT
last year. one reason all of the troubles toyota faced and we asked chris perry to find out if the ads that say ford is top at the safety and reliability list, whether this is true or not. >> reporter: ford has come roaring back, the profits surging after convincing more consumers that fords are better than japanese cars. kathryn vogo traded in her le- xus for a ford edge. >> i love the idea it's an american made car. it gave people in my country jobs. >> reporter: how did ford change the car and its business? ironically the ceo used toyota as his model as he turned ford around. >> every vehicle would be best in class in terms of quality, fuel efficiency, safety, smart design and very best value. >> reporter: ford went back to the drawing board designing sturdier, safer cars and added more testing to each step of the assembly line and marketed the changes relentlessly. >> they're going head to head on quality which is something they avoided a few years ago. >> reporter: consumer reports now finds 90 % of ford's average or better in reliability. crash tests ford models now share top saf
Apr 19, 2010 9:00am EDT
. >> in the past year we have heard so much about cars from, you know, run away toyota to basically the class of the automotive industry about a year ago was when we started hearing about the turmoil and the bailouts. how are things looking now? what a difference a year makes. >> yeah. >> a year ago toyota was the number 1 seller in the country, battling undertake it out, duking it out with general motors, ford was number 3 and chrysler was number 4. so we had bankruptcy for general motors, bankruptcy for chrysler, and nobody could have for seen toyota's problems coming. ford has catapulted to number 1. >> how did they do that? >> well the first thing is they didn't take the government money, and the consumer responded very favorably to that. in fact, chrysler and general motors, in my opinion, are feeling quite a bit of backlash from taking government money. in the case of chrysler, today, chrysler fleets, fleet sells, 55% of their cars are a recipe for disaster. if you were buying a chrysler product today and you drove it out of the show room you're gonna lose 50% of the value instantly bec
Search Results 0 to 1 of about 2